NRF: Retail sales will pick up

|By:, SA News Editor

Retail employment increased by 28K jobs in April month-to-month and 241K year-over-year, according to the NRF.

Chief Economist Jack Kleinhez is putting more stock in the jobs report as a forward-looking indicator of consumer demand than the recent read on GDP.

He says a rebound in economic activity is underway.

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